U.S. Housing Market
Starter Home Sales and Prices Outpace Other Housing Sectors
August’s price data marked the 12th consecutive month for starter home price increases, outpacing other price tiers Continue Reading Starter Home Sales and Prices Outpace Other Housing Sectors
New Joint Venture to Create Luxury Resort and Residences at Telluride
The Four Seasons Resort and Residences Telluride will also feature two culinary outlets, a fitness facility and a spa with a thermal lounge, cold plunge, and eight treatment rooms. Continue Reading New Joint Venture to Create Luxury Resort and Residences at Telluride
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Office space will be preserved on the fourth and fifth floors. Continue Reading Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Simon Property Group Puts New Focus on Residential and Hotel Development
Chairman, President and CEO David Simon declared this was “probably a five-year build process” that is expected to begin later this year. Continue Reading Simon Property Group Puts New Focus on Residential and Hotel Development
Better Debuts Digital HELOC Product Line
The company said closings occur in as little as three days from an application. Continue Reading Better Debuts Digital HELOC Product Line
Guest Opinion: Recruiting to Reality
I recently spoke to the wife of a friend who had been planning a career change into residential real estate but was now having second thoughts. Sound familiar? “Is this a bad time to give up my job and take the plunge?” she asked. “Good question!” I said,...
Mortgage Rates Take a Drop
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. Continue Reading Mortgage Rates Take a Drop
Active Home Listings 50.5% Below Pre-Pandemic Levels
Last month, the national median list price was $430,000 in April, up from $424,000 in March. Continue Reading Active Home Listings 50.5% Below Pre-Pandemic Levels
Home Equity Ticks Downward for Second Straight Month
ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month
NYC Rent-Stabilized Units Facing Hikes Up to 7%
“A 7% rent increase is clearly beyond what renters can afford,” said Mayor Eric Adams. Continue Reading NYC Rent-Stabilized Units Facing Hikes Up to 7%
Mat Ishbia Disses Dan Gilbert – The Feud Continues
Two highly competitive Michigan titans of mortgage banking who also happen to own rival professional basketball teams have zero fondness for each other – and one of the duo just took a smack at the other today in a sports podcast. Mat Ishbia does double duty is...
Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Nearly two-thirds of real estate brokers and agents said promoting energy efficiency in listings is either very or somewhat valuable. Continue Reading Can Promoting Energy Efficiency in a Home Listing Help Boost the Sale?
Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
“The jumbo-conforming spread continues to narrow,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Drops Amid Jumbo Mortgage Jitters
